you believe that? let's take it one by one you know i have raved to you before about este lauder leave it to the seller of clinique to put on a clinic. today this conference call este lauder delivered blowout numbers. how about ralph lauren the company's ceo who cracked for clothing and run away with ralph lauren it is reputation of ralph himself resulted in a spectacular quarter. new generation of people buying ralph. not only is the apple watch crushing it have you seen the version in it also saves lives i read a piece this morning about a 67-year-old man who had a serious and his apple watch automatically contacted rescue personnel. it is actually useful. no wonder people pay up for it that's without mentioning the new iphones that have the same picture quality as a $1,500 camera that makes you look darn good on instagram. that is half a point of owning a smart phone at least for younger generation all right. you know what these brands having going forthem it is a way to analyze stocks. i have to write a book about them first and foremost they hold up when the economy gets tougher.
from este lauder more of the same, interestingly, on that strength in china. now, their growth -- l'oreal's growth in their mass market consumer products division much more subdued relative to that growth in luxury, so big divergence in terms of their divisional performance, and also, of course, that divergence in terms of regional performance with the developed markets lagging significantly behind new markets. now, i just had a chance to listen to the ceo jean-paul agon in the analyst meeting, and he very clearly on no uncertain terms on china said that they saw no slowdown in china in q4 or in january of this year also, no slowdown in travel. one of the big questions is, of course, around the sustainability of this growth in china given the weakening indicators that we've seen across the consumer space in china more broadly now, he also offered some further insight into the demand that we are seeing across the beauty industry and the factor that is are underpinning it. a couple of things i think worth mighting, this trend towards premiumization, and the idea that consumers ar
Fetching more results